On the verge of burnout, 40-year-old Nianan in China gave up her job at a news agency and became a ‘full-time daughter’ to her parents. She earns 4,000 yuan (Rs 46,700 or $565) a month and the work involves spending time with the mum and dad, driving them to different destinations and planning a monthly holiday
Reducing China’s rural workforce by 10 percentage points could lead to an increase of 78 million urban workers, according to demographer Cai Fang, with the country facing a demographic crisis caused by a declining population and a rapidly ageing society.
China population: Beijing faces ‘tricky’ reforms to unleash new drivers of growth as workforce ages
China’s working-age population will remain large in the near term, giving the nation time to boost efficiency as its labour force grows older
But over time, Beijing must reform birth restrictions and provide better child care support to incentivize couples to have children, analysts say